Electronics shipments fell by 16.4% in October, compared to a 24.9% drop in September, which translated into a 0.4% increase in the electronics output between September and October.
SINGAPORE (Nov 27): Singapore’s economy is starting to see some “green shoots” that could bring a glimmer of hope amid negative non-oil domestic export (NODX) figures and slow growth, says Selena Ling, chief economist at Oversea-Chinese Banking Corp (OCBC Bank).
Ling, who also heads the bank’s treasury research and strategy department, notes that Singapore’s electronics manufacturing sector is showing signs of bottoming out.
